Find all of the Nash equilibrium of the following three player game. Player 1 chooses rows (a,b). Player 2 chooses columns (c,d). Player 3 chooses matrices (x.y). Player 3 receives the third listed payoff for cach outcome. 5,5,5 4,4,0 8,8,3 7,7,3 1,3,1 4,2,0 3,2,4 3,1,0 a b. O A) (b,d.x) and (a,d,y) B) (b.c.y) OC) (b,d,x) D) (a,d,x) and (b,c.y)
Find all of the Nash equilibrium of the following three player game. Player 1 chooses rows (a,b). Player 2 chooses columns (c,d). Player 3 chooses matrices (x.y). Player 3 receives the third listed payoff for cach outcome. 5,5,5 4,4,0 8,8,3 7,7,3 1,3,1 4,2,0 3,2,4 3,1,0 a b. O A) (b,d.x) and (a,d,y) B) (b.c.y) OC) (b,d,x) D) (a,d,x) and (b,c.y)
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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
Transcribed Image Text:Find all of the Nash equilibrium of the following three player game. Player 1 chooses rows (a,b). Player 2 chooses
columns (c,d). Player 3 chooses matrices (x.y). Player 3 receives the third listed payoff for cach outcome.
5,5,5 4,4,0
8,8,3 7,7,3
1,3,1 4,2,0
3,2,4 3,1,0
a
by
A) (b,d.x) and (a,d.y)
B) (b.cy)
OC) (b,d,x)
D) (a,d,x) and (b,c.y)
E) (b,c,x)
OF) (a,d.x)
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